DAO

This draft document is in production

Dream Your Olives Retirement (DYOR) is fundamentally a DAO. This encompasses both its origins and its ongoing operational ethos.

A DAO, or Decentralized Autonomous Organization, is an entity without central leadership. Decisions are made from the bottom up, governed by a community organized around a specific set of rules enforced on a blockchain. DAOs represent the most effective way to establish a digital company.

Development ideas and approvals within DYOR are processed through a voting system in which DAO members participate. The core team acts primarily as executors. All holders of the DYOR NFT collection are participants with governance authority in the DAO. The more NFTs an address holds, the greater voting power its owner has.

For instance, the DAO deliberates over various ideas, including activating the NAP (Native Assurance Protocol)—a tool for instant NFT liquidity, among other exciting proposals that must be brought to community voting.

In conclusion, the DAO's democratic structure ensures that all stakeholders have a voice in the direction of the project, making it a true representation of collective endeavor. As DYOR continues to innovate and expand, the DYOR DAO invites all members to stay engaged, propose new ideas, and vote to help shape the future of DYOR.